First-Time Buyer – Top Tips

First-Time Buyer – Top Tips | 2-Minute Read

Is now a good time to buy? If you can afford the deposit and the monthly payments, now is always the best time to buy!

Chris Cook our Financial Services Manager says, “Don’t worry about if rates or property prices might fluctuate up or down. Other factors will always vary. The best time to buy was 10 years ago, the next best time is today.”

To help you on your journey, here are Chris’s top tips for first-time buyers:

1. Speak to a professional – Speak to an advisor that can make your feel confident in what you can borrow and what you can buy for. There will have lots of factors that can influence this such as what different lenders will be able to lend to you and you will also need to give for fees when moving into your new property. A professional mortgage advisor will help with this.
2. Be in a strong position before an offer – Ensure you have your Agreement in Principle and solicitor ready so that when you find your perfect property you can evidence that you are fully prepared and able to buy the home, you will also need to prove your deposit, so have that to hand also, again a professional Mortgage Advisor can help you prepare for this.
3. View as many properties as possible – You may of heard that when you walk in to a property you get a gut feeling it’s the one for you. View as many as you can to ensure you find the right one, register with as many estate agents as you can to get them to be proactive to help with your search, estate agents know what properties that are likely to have come to market and can help you find one sooner – don’t wait for them to come onto the property portals as that could be too late for your dream home.

Speak to an advisor today.